Ganfeng deal24 May 2019 15:17
Just out of interest.... Has anyone looked at the Ganfeng website, as on Wolfi's post below?
2017....Total income 4 Billion. 2017...Total profit 2 Billion???
I may be old fashioned, but isn't that on the GOOD side of a profit margin?
(It doesn't say whether its pounds, dollars, or peanuts.)
But i believe it means that once the stuff is coming out of the ground, the money will start rolling in.
It also means they should have some slack to drop their prices if need be to stay competitive, and still make a profit.
Just sayin'